Answer:
Monopolist : Output at MR = MC; corresponding point at demand (AR) curve gives price.
Explanation:
Monopoly is a market structure having a single seller.
Monopolies have usual downward sloping demand curve, depicting price - demand inverse relationship. This 'falling price' case also makes monopoly Marginal Revenue curve usually lie down below its demand i.e Average Revenue Curve. Marginal cost is usually U shaped.
Monopoly producer chooses its equilibrium production quantity where : Marginal Revenue = Marginal Cost. The equilibrium price is determined at the price of corresponding equilibrium output, on the demand (average revenue) curve.
Answer:
both parties benefited from this voluntary, non-fraudulent exchange.
Explanation:
Answer:
False
Explanation:
Different levels of management have their information need, this can be classified as operational, tactical and strategic.
Operational information - are information relating to day to day routine of the entity, such information is needed by the lower level management.
Tactical information- are information which deals with decisions relating to the deployment of the various assets of an entity, this information is needed by middle level management.
Strategic information - This is information that relates to the strategic focus of an entity such information is for top level management..
Answer:
The answer for the following question is given below.
Explanation:
An advertising agency's organizational structure consists of the same basic elements, no matter the size of the company.
A. Advantages of Advertisement:
1. Value marketing
2. Output extension
3. Upgrades Goodwill
4. Large output
5 enormous profits. Different Options Data, and Comparative Prices 6. Creates Jobs
7. Best Living Standard
B. Disadvantage of Advertisement:
1. Adds to production costs and to Category
2. Leads to War
3 on the Cost. Tricky Advertising
4. Leads to Economic Inequality
5. Sets up a Monopoly Market
6. Promotes Undue Use
7. Moral Standards drop.